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1602 D&S: This is a No-Tariff Zone
Manage episode 476405559 series 2572856
Trump wants to bring manufacturing back to the States by charging other countries more to send us stuff to sell, but here's the problem with U.S. tariffs- If Nike makes a shoe in Indonesia, the cost of manufacturing, shipping, AND a big tariff added on still makes it about 80% cheaper than manufacturing it in the US. Is Nike going to take a hit on the profit of those shoes when a tariff is added? Hell no, they're just going to pass the cost onto the consumer. So, if you were wondering who pays for tariffs? It's the consumer. That's your economics lesson for the day. Sorry no time left for me to listen to the episode and write show notes now. But I will add this link that Strickland sent me:
The Naked Gun | Official Teaser Trailer (2025 Movie) - Liam Neeson, Pamela Anderson
Do you want some cool merch? Check out the store here- https://www.niceguysonbusiness.com/merch
Leave a voicemail for the Nice Guys: 424-2DJ-DOUG - (424) 235-3684
Need help podcasting? www.TurnkeyPodcast.com
Join our Nice Guys Community. www.NiceShortCut.com
Don't forget to check the Trump Golf Track- https://trumpgolftrack.com/
No time to get to this, but you can read the blog here: 12 Worries Every Entrepreneur Has (or they are lying)
Show notes written lovingly by the most anonymous man (or woman) in the world.
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
805 episodes
Manage episode 476405559 series 2572856
Trump wants to bring manufacturing back to the States by charging other countries more to send us stuff to sell, but here's the problem with U.S. tariffs- If Nike makes a shoe in Indonesia, the cost of manufacturing, shipping, AND a big tariff added on still makes it about 80% cheaper than manufacturing it in the US. Is Nike going to take a hit on the profit of those shoes when a tariff is added? Hell no, they're just going to pass the cost onto the consumer. So, if you were wondering who pays for tariffs? It's the consumer. That's your economics lesson for the day. Sorry no time left for me to listen to the episode and write show notes now. But I will add this link that Strickland sent me:
The Naked Gun | Official Teaser Trailer (2025 Movie) - Liam Neeson, Pamela Anderson
Do you want some cool merch? Check out the store here- https://www.niceguysonbusiness.com/merch
Leave a voicemail for the Nice Guys: 424-2DJ-DOUG - (424) 235-3684
Need help podcasting? www.TurnkeyPodcast.com
Join our Nice Guys Community. www.NiceShortCut.com
Don't forget to check the Trump Golf Track- https://trumpgolftrack.com/
No time to get to this, but you can read the blog here: 12 Worries Every Entrepreneur Has (or they are lying)
Show notes written lovingly by the most anonymous man (or woman) in the world.
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
805 episodes
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